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Jul 19, 2013
07/13
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KICU
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gm reportedly is keeping track of tesla. as the eletric car company - and its stock - gain traction, marketwatch.com says gm's ceo has assembled a team to study tesla's strategy. bloomberg news reports gm's ceo has said "tesla could be a disruptor if we're not careful." cars.com editor kelsey mays thinks gm may not be the only one feeling the tesla threat. "they have really, really high upside potential, and it's good that gm is following them. i'm pretty sure most automakers are following tesla pretty closely now, if they are smart at all. it's interesting that gm has been so public about it. " general motors plans to launch an electric cadillac in 2014. slow sales of its chevy volt have forced gm to cut prices. the shareholder vote on the future of dell did not happen thursday. it's pushed off until next week. it gives michael dell and partner silver lake until wednesday to either convince shareholders to accept the terms or sweeten the $24.4 billion offer to take dell private. it also allows billionaire investor carl icah
gm reportedly is keeping track of tesla. as the eletric car company - and its stock - gain traction, marketwatch.com says gm's ceo has assembled a team to study tesla's strategy. bloomberg news reports gm's ceo has said "tesla could be a disruptor if we're not careful." cars.com editor kelsey mays thinks gm may not be the only one feeling the tesla threat. "they have really, really high upside potential, and it's good that gm is following them. i'm pretty sure most automakers are...
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Jul 16, 2013
07/13
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CNBC
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one of the reasons that ford has outperformed gm is it pays a dividend, and gm hasn't. but the common stock is on its way, the balance sheet is strong enough to sustain it. i think gm from here will do better. >> all right. good discussion, guys. thank you both on two important companies to our economy. maria? >>> well, bill, the nasdaq's best 100 winning streaks since 1990 is in serious jeopardy. let's get with seema mody with the details. >> here's what's weighing on the nasdaq. tesla just joined the nasdaq on monday, and is witnessing its worst day since january 2012. and then some of the tech leaders, yahoo! down ahead of the earnings report tonight. they expect the giant to see a 12% jump in eps growth. biotech, which has been a standout in the healthcare center this year, some of the notable leaders are trading in negative territory. however, there are some bright spots to take note of. apple up about 8% this month. reuters reporting that apple is in eshl negotiations to buy israel-based primesense, which is apparently a developer of chips that enable three-dimens
one of the reasons that ford has outperformed gm is it pays a dividend, and gm hasn't. but the common stock is on its way, the balance sheet is strong enough to sustain it. i think gm from here will do better. >> all right. good discussion, guys. thank you both on two important companies to our economy. maria? >>> well, bill, the nasdaq's best 100 winning streaks since 1990 is in serious jeopardy. let's get with seema mody with the details. >> here's what's weighing on the...
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Jul 22, 2013
07/13
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CSPAN2
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strikes there were more frequent and lasted longer than anywhere else in the gm universe, so gm dispersed its workers to less militant locals. i also discovered a company in lansing which makes particle accelerators for physics experiments, x-ray imaging devices, and the company's president told we lansing was one of the few places he could operate the business because he'd hired retired gm craftsmen and very few places had both the academic knowledge and the ethic of manual craftsmanship that gm had imparted to the community. so i think high-tech manufacturing offers a future for postindustrial cities. another example i found about that was in syracuse, new york, and syracuse used to be the air-conditioning capital of america, and it made the sun belt possible. as a result, they ended up moving all the jobs down south because that's where the customers were, and the labor was cheaper. so syracuse invented the appliance that caused its own demise. but i visited a company which made high compression chillers, and they needed the, you know, legacy of craftsmanship and the legacy of engineer
strikes there were more frequent and lasted longer than anywhere else in the gm universe, so gm dispersed its workers to less militant locals. i also discovered a company in lansing which makes particle accelerators for physics experiments, x-ray imaging devices, and the company's president told we lansing was one of the few places he could operate the business because he'd hired retired gm craftsmen and very few places had both the academic knowledge and the ethic of manual craftsmanship that...
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Jul 16, 2013
07/13
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CNBC
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which cop do you think is better positioned, ford or gm? >> gm a little better positioned globally because of where it is in china, but when you look at china, keep in mind that ford is growing very quickly there. year to date, sales are up 47%. both adding a number of plants, and think expect to pick up sales rapidly over the next couple of years, sue, but an edge right now to gm because it is number one in that market. >> phil, thanks so much. appreciate it. michelle, over to you. >> sue, two more archrivals now, coke versus pepsi. coke's second-quarter profit falling. they blame the weather this. while pepsi bubbles up to all-time highs, so which drink-maker is a better investment right now? a senior analyst with jpmorgan joins us now. good to see you. >> good to see you as well. >> investors with a choice between the two. which would you tell them to buy? >> we'd stick with pepsi here. recommending it for a while. outperformed coke year to date as well as over the past couple of years. we still think there's a lack of appreciation for t
which cop do you think is better positioned, ford or gm? >> gm a little better positioned globally because of where it is in china, but when you look at china, keep in mind that ford is growing very quickly there. year to date, sales are up 47%. both adding a number of plants, and think expect to pick up sales rapidly over the next couple of years, sue, but an edge right now to gm because it is number one in that market. >> phil, thanks so much. appreciate it. michelle, over to you....
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Jul 9, 2013
07/13
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WTTG
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cattle eat the gm. oh corn in their feed so it's in their milk and meat -- same going to -- goes for chicken. there's now a move to inject an eel into the sam none make it bigger and fatter. some are concerned about what affect all this is having. >> we now know it's showing up in the cord blood of newborn babies. >> ken cook president and cofounder of the environmental working group admits the studies are lacking but the initial findings they have made are troubling. >> we have a study in the united states that involved feeding animals grain that has this insecticide in it built into it by monsanto and other companies and it showed problems with the animals with their stomach linings with their gut. >> there are some indication ships there may be a link to food allergies -- antibiotic exposure and increased ex spoer shesh -- exposure to pesticides. farmers use stronger concentration shins of chemicals. >> we know health problems associated with chemical use. >> the food and drug administration, the wor
cattle eat the gm. oh corn in their feed so it's in their milk and meat -- same going to -- goes for chicken. there's now a move to inject an eel into the sam none make it bigger and fatter. some are concerned about what affect all this is having. >> we now know it's showing up in the cord blood of newborn babies. >> ken cook president and cofounder of the environmental working group admits the studies are lacking but the initial findings they have made are troubling. >> we...
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Jul 25, 2013
07/13
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CNBC
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sirius, raytheon. >> intel. >> gm. >> gm beat -- >> the market -- >> gm is at a new high. >> nasdaq has improved big time this morning. >> facebook is helping the nasdaq make that much money. it's not a nasdaq stock. but it still is representative of club technology. >> becky, thanks to the dow the stocks are pressured by the ten year. >> yesterday, they're on the ten year gooeld yields. >> i looked at it a minute ago, it was 260. >> i hate it when it happens, it does look like the silly tail is wagging the dog this morning. japan or a part of the hang seng. >> china has serious issues. india has serious issues. those are supposed to be the growth recessses of the year. >> how about europe? >> europe is looking better. >> they're all down. >> do you remember guys with the acne and the -- they may not come in, in july or august. >> there is the ten year right at the top, 2.6%. >> psychologically important. >> you get tug of war between rising interest rates and improving fundamental also. day-by-day, somebody wins one side and another day somebody wins the other. >> i welcome the appeal.
sirius, raytheon. >> intel. >> gm. >> gm beat -- >> the market -- >> gm is at a new high. >> nasdaq has improved big time this morning. >> facebook is helping the nasdaq make that much money. it's not a nasdaq stock. but it still is representative of club technology. >> becky, thanks to the dow the stocks are pressured by the ten year. >> yesterday, they're on the ten year gooeld yields. >> i looked at it a minute ago, it was 260....
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Jul 25, 2013
07/13
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KICU
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but gm here is a little bit of a different story. i think people are really expecting good things out of them based on what ford said about the u.s. auto industry, how their earnings were going. but i think a big key here is that gm's factories are running at about 80% capacity, and ford's are running closer to 100%. so, the big question is going to be, do people expect gm's earnings to blowout like ford, and i think that this could be a possibility where if they miss, the stock may get punished just because of the run that it's had. - where do you see the support or resistance here? - it's really a critical point. i think that we're right touching at resistance for them. support about $3 or $4 lower. so, it should be interesting to see what happens if they do miss. - good to have you on the show. thanks, matt. - thank you. that's it for now. in tomorrow's show, tips on how to get discounts on your car insurance. and friday is always a fun day here. join us for our famous segment, traders unplugged. from all of us at first business,
but gm here is a little bit of a different story. i think people are really expecting good things out of them based on what ford said about the u.s. auto industry, how their earnings were going. but i think a big key here is that gm's factories are running at about 80% capacity, and ford's are running closer to 100%. so, the big question is going to be, do people expect gm's earnings to blowout like ford, and i think that this could be a possibility where if they miss, the stock may get...
107
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Jul 23, 2013
07/13
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CNBC
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at 38.6% gm with significant iphone beat with the iphone typically coming in around 45% gm, that indicates that the iphone beat largely came from low end iphones. and you're seeing probably still further gm pressure onto iphone franchise, which is, i believe, the significant bear concern out there on apple, whether or not the carriers will start to pressure apple on the current subsidies they require. and i think that when we dig through those numbers, that concern is only going to get magny tmag magny magnified. >> julia, you have more. >> the margins and guidance. they reported 36.9% gross margin and the company had projected range between 36, 37. so it's the high end of the range. looking forward to its fiscal fourth quarter, the company's guiding to, again, a range of between 36% and 37% in terms of that gross margin. now, looking at the other projections, the company says revenue in the fiscal fourth quarter will be between 34 and 37 billion. it seems like that is lighter than expected and it projects operating expenses between 3.9 and 3.95 billion. so it looks like the projections fo
at 38.6% gm with significant iphone beat with the iphone typically coming in around 45% gm, that indicates that the iphone beat largely came from low end iphones. and you're seeing probably still further gm pressure onto iphone franchise, which is, i believe, the significant bear concern out there on apple, whether or not the carriers will start to pressure apple on the current subsidies they require. and i think that when we dig through those numbers, that concern is only going to get magny...
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Jul 25, 2013
07/13
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CNBC
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gm is back. the stock is a total winner. i know that this is an example of the torch of housing seems to be passed to the torch of auto, because the housing numbers of the home builders were not that great. >> and industrials here, 3m is reporting second quarter earnings 1.71 and slightly above and the revenue in line, and scotch tape said it saw sales grow across most of the business units and organic local currency sales up 2.3 and hit 1.3. >> well, last quarter they slashed the outlook, and this is going to look at the outlook they slashed. they are doing a great job, but it is a world wide company and frankly moved from 108 when they reported from 108 to 103 and now from 117 back to 115 and that is going to make sense because they verify what they would do and no more than that. >> and dow chemical beats by a penny and the revenues beat, but flat. ag revenue up 10%, and the latin american farmers are spending like gang busters. >> that is what ag-co told me, and we all think of deere, and obv
gm is back. the stock is a total winner. i know that this is an example of the torch of housing seems to be passed to the torch of auto, because the housing numbers of the home builders were not that great. >> and industrials here, 3m is reporting second quarter earnings 1.71 and slightly above and the revenue in line, and scotch tape said it saw sales grow across most of the business units and organic local currency sales up 2.3 and hit 1.3. >> well, last quarter they slashed the...
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Jul 26, 2013
07/13
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KQED
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shares sold off a bit, gm down a fraction to 37 dollars and change. the company raced the full year guidance and increased the stock buy back plan and told investors they will pursue acre sipgss to grow father. 3 m is $16.55. >>> quarterly earnings tumbled at bristol myers. the company blamed it on the loss of patent protection of plavix and a blood thinner developed. disappointed investors sold shares down 1.5%. >>> a strong performer raising the outlook on stronger sales of myloma treatment. investors boosted shares by 3.5% and closed at $140.65. many investors took a second look at facebook's mobile strategy after those blowout ee earnings we told you about yesterday. facebook shares sold at ten times the normal levels today. at day's end, facebook shares up almost 30% on the day. the close at $34.36. >>> it's being called the largest hacking fraud case in history. prosecutors indicted russian hackers for stealing at least 160 million credit card numbers from institutions ranging from j.c. penney to the nasdaq resulting in losses of hundreds of mil
shares sold off a bit, gm down a fraction to 37 dollars and change. the company raced the full year guidance and increased the stock buy back plan and told investors they will pursue acre sipgss to grow father. 3 m is $16.55. >>> quarterly earnings tumbled at bristol myers. the company blamed it on the loss of patent protection of plavix and a blood thinner developed. disappointed investors sold shares down 1.5%. >>> a strong performer raising the outlook on stronger sales of...
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Jul 25, 2013
07/13
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CNBC
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gm, ford, borig warner. yet the stocks have pulled back a bit. some are saying, look at the s&p manufacturing index. 30 times better than the s&p overall. so you might want to take a little money off the table. >> i'm glad you mentioned the prici pricing, because the new chevy impala got a rave review from consumer reports. the first time in 20 years, 20 years, an american car has won best sedan, beating foreign models from asia, europe, whatever, but it's 40,000 bucks. is anybody going to pay 40 grand for an impala? >> look at the large sedan market. when you look at that market, you generally are looking at vehicles that are over $30,000, and if not over $35,000. general motors believes they can command that price. you and i both know that that's the msrp. is it going to go for that? probably not. it will probably start close to that. >> it's a nice-looking car. i'm not bashing the car, i'm just saying 40 grand for a general motors sedan, i mean -- >> you also bring up a broader question. where is a big car that's affordable for a family that w
gm, ford, borig warner. yet the stocks have pulled back a bit. some are saying, look at the s&p manufacturing index. 30 times better than the s&p overall. so you might want to take a little money off the table. >> i'm glad you mentioned the prici pricing, because the new chevy impala got a rave review from consumer reports. the first time in 20 years, 20 years, an american car has won best sedan, beating foreign models from asia, europe, whatever, but it's 40,000 bucks. is anybody...
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gm was a surprising 6%. we are test driving today a ford fiesta. the story, though, is the bigger ones. it is a big story and it continues on autos leading the way. >> we will put you in the drivers seat. lori: sounds good to me. jeff is in the drivers seat. you will be in the drivers seat later this hour. cannot wait for that. is another sign the auto industry is back on track? we have our all-star panel. >> they will get better. the economy will pick up. right now we expect to get away from the a cluster. volume will pick up even more so today. that is why this month is so important. >> let me bring in michelle krebs. we are talking about flirting with a 16 million unit year. could things slow down? >> we are flirting with 15 million seasonable adjusted rate in june. we have not seen that level since november 2007. pickup trucks have been really strong the first half. they typically are not that strong in the first half. second half is there time to play. lori: if you look at the overall growth rate, alec gutierrez, sub 2%, if even that, car sale
gm was a surprising 6%. we are test driving today a ford fiesta. the story, though, is the bigger ones. it is a big story and it continues on autos leading the way. >> we will put you in the drivers seat. lori: sounds good to me. jeff is in the drivers seat. you will be in the drivers seat later this hour. cannot wait for that. is another sign the auto industry is back on track? we have our all-star panel. >> they will get better. the economy will pick up. right now we expect to get...
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Jul 28, 2013
07/13
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KNTV
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among industrials, ford and gm both beat expectation, as did boeing and gm. caterpillar missed big time. sales of new single-family homes hitting a five-year high in the month of june, up 8.3%. and above analyst expectations. the third straight month of gains in new home sales. there was concern that rising interest rates would slow down home purchases. >>> a massive hedge fund indicted, earnings season in full year gere and the markets hitting new highs. a busy week. what does it all mean and how does it affect your sflirmt joining me is the author of "the investing guide, a random walk down wall street," a university professor and member of the investment committee of rebalance i.r.a. good tough on the program. >> thank you very much. >> thank you so much for joining us. it has been a busy week, hasn't it? saw the federal insider trading charges against that huge hedge fund, sac capital. do you think that has any impact on the retail investor? >> i think it certainly does. i think people get scared the inside verse a real advantage over the public. i think
among industrials, ford and gm both beat expectation, as did boeing and gm. caterpillar missed big time. sales of new single-family homes hitting a five-year high in the month of june, up 8.3%. and above analyst expectations. the third straight month of gains in new home sales. there was concern that rising interest rates would slow down home purchases. >>> a massive hedge fund indicted, earnings season in full year gere and the markets hitting new highs. a busy week. what does it all...
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Jul 19, 2013
07/13
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KCSMMHZ
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gm responded to industry decline by declaring bankruptcy in 2009. people living in detroit numbered about 1.8 million in 1950. now, there are just 700,000. the population decline led to a decrease in tax revenues, city officials have faced financial distress ever since. market experts have seen signs of recovery in the u.s. including the auto industry. but analysts say detroit's bankruptcy is a hangover from longer term problems. president barack obama and his senior advisors are reportedly monitoring the situation. a white house spokesperson said the administration is committed to working as a partner in detroit's recovery. >>> people are reacting to the news that their city has gone bankrupt. our correspondent maki hatae is in detroit. >> reporter: overnight it was dark in detroit simply because the city does not have money to pay its electricity bills. you can see the headquarters of general motors back there, the world renowned automaker, the heart of the american auto industry. i asked people what they thought about the bankruptcy. >> it's gott
gm responded to industry decline by declaring bankruptcy in 2009. people living in detroit numbered about 1.8 million in 1950. now, there are just 700,000. the population decline led to a decrease in tax revenues, city officials have faced financial distress ever since. market experts have seen signs of recovery in the u.s. including the auto industry. but analysts say detroit's bankruptcy is a hangover from longer term problems. president barack obama and his senior advisors are reportedly...
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Jul 25, 2013
07/13
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FBC
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did well with silverado and pickup trucks. >> 37 on gm. not too long a door stopper, i should say, 223. thank you. ed butowsky still here. all right, ed, we've dealt with facebook and the overall market, which is down close to 60. you're itching to respond to the president's speech, but my first question is, did it have any impact at all on the stock market? >> yeah, not at all. traders, investors really don't listen to what obama have to say any more related to the economy and they're numb to it. he has no impact on the stock market. >> okay, and that speech was received with a great big yawn. now, waste your-- what's wrong with what the president is saying about the economy? >> well, sure, i mean, stuart, he calls it an economic speech, but it's an economic brain washing speech. what he's saying is the farthest from the truth. things are not getting better to the point where they should be. for instance, i'll give you an example, he'll say unemployment is back to the level that it was prior to him becoming president. well, the rate itsel
did well with silverado and pickup trucks. >> 37 on gm. not too long a door stopper, i should say, 223. thank you. ed butowsky still here. all right, ed, we've dealt with facebook and the overall market, which is down close to 60. you're itching to respond to the president's speech, but my first question is, did it have any impact at all on the stock market? >> yeah, not at all. traders, investors really don't listen to what obama have to say any more related to the economy and...
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Jul 10, 2013
07/13
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KICU
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and, is gm giving tesla a run for its money with a green car that is "red" hot? first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's wednesday, july 10th. i'm angela miles. in today's first look: here we go again! stocks have now rallied 4 sessions in a row. that places the dow and s&p within striking distance of all-time record highs. the nasdaq had its best close since 2000. gold moved up $12, and oil by 82 cents as it edges closer to $104. a microsoft management shakeup is reportedly in the works. the tech company is expected to detail its largest re- organization plan in 5 years tomorrow. exxon mobile tops fortune magazine's list as the most profitable company in the world with $44 billion. the oil giant is followed by apple with $41. a back-to-school spending splurge: shopper trak predicts parents will spend more because the economy is stronger now than a year ago. it's exciting times once again for the stock market. larry shover of sfg alternatives joins us now. good morning la
and, is gm giving tesla a run for its money with a green car that is "red" hot? first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's wednesday, july 10th. i'm angela miles. in today's first look: here we go again! stocks have now rallied 4 sessions in a row. that places the dow and s&p within striking distance of all-time record highs. the nasdaq had its best close since 2000. gold moved up $12, and...
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Jul 19, 2013
07/13
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MSNBCW
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gm and chrysler were on the verge of collapse. we refused to do nothing and let detroit go bankrupt. i bet on american workers and ingenuity. three years later that is paying off in a big way. >> the auto industry did make it back but detroit has not. it is pretty eerie to hear the president say that. now detroit has gone bankrupt. and the drama boston playing like a scorsese film. a mob trial, stare downs and dead witnesses. an update on the whitey bulger trial. we've had snop lion, now jay-z has a name change of sorts. we'll explain in the cooler on this friday edition of "way too early." >>> friday morning, i'm brian shactman. it's july 19th. a lot going on. tiger woods on the course has a birdie already, only two shots back at the british open. new developments also on the north korean cargo freighter detained in panama and in the cooler, a new movie out of china about a gorilla who hits a lot of home runs and plays baseball. huh. see how that one pans out. we begin with seriousnous in detroit. where after years of declines, c
gm and chrysler were on the verge of collapse. we refused to do nothing and let detroit go bankrupt. i bet on american workers and ingenuity. three years later that is paying off in a big way. >> the auto industry did make it back but detroit has not. it is pretty eerie to hear the president say that. now detroit has gone bankrupt. and the drama boston playing like a scorsese film. a mob trial, stare downs and dead witnesses. an update on the whitey bulger trial. we've had snop lion, now...
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Jul 21, 2013
07/13
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FBC
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>> a gm vehicle only, available on the new vehicles coming out. actually we ha an program, however ey added a family link allowing family members to see where the other on are. it can be really great also for watching elderly drivers this will allow you to help them. gerri: that is a great idea. or when they drive afr dark. that is a good thing. tell me about this one >> there are a bunch of different things. so many different ones. making sound systems. they are linking into the onboard diagnostics, underneath the --dash. you cnot get text messaging or e-mail alerts don't come in. greafor keeping the kids hands on the wheel and eyes on the road. gerri: i understand more teenagers die from driving and texting than they do drinking and driving. anything elsyou like, yass, get tested? >> whether you have an android or or an iphone, there is a drive camera, veryool. they have it on their bsite. emergency braking, the geforce will record the last few seconds before t accident. to prove it may not beour fault and good for parents who say maybe you didn
>> a gm vehicle only, available on the new vehicles coming out. actually we ha an program, however ey added a family link allowing family members to see where the other on are. it can be really great also for watching elderly drivers this will allow you to help them. gerri: that is a great idea. or when they drive afr dark. that is a good thing. tell me about this one >> there are a bunch of different things. so many different ones. making sound systems. they are linking into the...
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82
Jul 25, 2013
07/13
by
KRON
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eye 82
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>> gm is doing better than ford. they are the strength of our economy. they're doing great in europe. days are looking good at gm. their pickups are doing well. i like what i am scene there. the government bailout has worked pretty well for them. >> >> we are exactly where we should be for the next seven days. the time is 6:49 a.m.. >> what is surprising is the improvement on the east shore freeway. interstate 80 had an accident at coulson that is still on the shoulder. there were other incidents that were reported. they have cleared up and the drive time has improved. the matter does not want to mold but maybe i can get a little help. i will show you the drive time when 80 westbound. looking at how the centers have changed from a yellow skews me, from red to yellow. this means set the speeds are improving. either one of these would be normal computecommute range. >> earlier this morning there was no commute problems. we have a great ride coming. on 92, the san mateo bridge it is 12 to 13 minutes to foster city. the golden gate bridge despite the fog the
>> gm is doing better than ford. they are the strength of our economy. they're doing great in europe. days are looking good at gm. their pickups are doing well. i like what i am scene there. the government bailout has worked pretty well for them. >> >> we are exactly where we should be for the next seven days. the time is 6:49 a.m.. >> what is surprising is the improvement on the east shore freeway. interstate 80 had an accident at coulson that is still on the shoulder....
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172
Jul 3, 2013
07/13
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CSPAN2
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>> gm was so used to being the big kahuna that when i went to work for gm i was congratulated to work for generous motors and that was the nickname. it was a bad at the time and they simply could not adjust to the fact this is changing and changing rapidly down in some ways he did have visions of the future but it was a vision of the things he tried to do to fix it were not successful and he was not capable to make the course corrections. he tried to do a lot of automations without recognizing that was not the secret. he was hoping the high tech companies could crack the gm coulter to treat them as financial transactions but never sought to functionally integrate them and it was a different kind of job. he brought in a lot of people from the hillside to the vice president levels that had never been done before hoping that would update the culture but every one of those people deputy director, he brought and the head of nasa, elmer johnson, a very high level people and every one of us malar female, either retired or left the company frustrated because we could not crack the culture. th
>> gm was so used to being the big kahuna that when i went to work for gm i was congratulated to work for generous motors and that was the nickname. it was a bad at the time and they simply could not adjust to the fact this is changing and changing rapidly down in some ways he did have visions of the future but it was a vision of the things he tried to do to fix it were not successful and he was not capable to make the course corrections. he tried to do a lot of automations without...
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Jul 24, 2013
07/13
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KNTV
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eye 69
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the cold, hard reality, however, gm stock right now worth just about $36 per share as of this morning. the treasury currently holds 189 million shares of gm. >>> 6:27, still ahead, downtown san jose is about to become the red light district? >> it is a legitimate business paying taxes so it's more money for the city of san jose. >> the blurred line for the opening of a gentleman's club downtown. >>> a break in at a south bay rifle range, we'll let you know what tripped up the suspects before they could take off from that scene of the crime. >>> overnight the guns stolen from a south bay gun store, we'll tell you how investigators tracked down the suspects. >>> >>> plus is a strip club setting up shop in downtown san jose? we'll tell you why opposition may not be enough to keep the gold club from having its grand opening. right now let's take you live out to new york city. to ring in the day at the new york stock exchange. a lot of people are wondering if that hot streak will continue. on this wednesday, july 24, this is "today" in the bay. >>> from nbc bay area, this is "today in the
the cold, hard reality, however, gm stock right now worth just about $36 per share as of this morning. the treasury currently holds 189 million shares of gm. >>> 6:27, still ahead, downtown san jose is about to become the red light district? >> it is a legitimate business paying taxes so it's more money for the city of san jose. >> the blurred line for the opening of a gentleman's club downtown. >>> a break in at a south bay rifle range, we'll let you know what...
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Jul 2, 2013
07/13
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. >> and we will get gm at 10:00 a.m. in the meantime, we have not mentioned capital one, the $1 billion buyback. >> geez, that company reported a not great quarter, and subsequently people think that they are in the sweet -- but when you look at the stock, that is one of the weakest quarters and that company has come back strong. credit cards, and remember they do a little better with the numbers coming with the treasuries and capital one is a tra transformation, and when that number came out, i didn't think that anybody had faith in them, and it has been nothing but net since then. and people should recognize a big credit card but they have assets. >> banking assets, and a good banking presence. >> it had been, i felt, a target of elizabeth warren, because she didn't like the credit card business, but they haven't been hurt from it. the critics. capital one looks good. >> true enough. >> let's look at josh lipton and see what he is watching on the floor. >> carl, on this tuesday, the global markets are looking mixed. le
. >> and we will get gm at 10:00 a.m. in the meantime, we have not mentioned capital one, the $1 billion buyback. >> geez, that company reported a not great quarter, and subsequently people think that they are in the sweet -- but when you look at the stock, that is one of the weakest quarters and that company has come back strong. credit cards, and remember they do a little better with the numbers coming with the treasuries and capital one is a tra transformation, and when that...
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Jul 19, 2013
07/13
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gm is proud to call detroit a home. gm is doing its part. as for chrysler group says it believes in the city of detroit and its people and they will continue to invest in the city and the residents there. and they are committed to playing a role in the revitalization. like gm, chrysler went through bankruptcy reorganization in 2009. and then there is ford which says they believe a strong detroit is critical for a strong michigan and our industry. the city has a difficult job ahead but they are optimistic. all of these words basically, they are coming out in support of the city and let's hope they can play their part as well. >> has this affected the markets at all based on these headlines? >> it's, obviously, a down day in general for earning misses today from google and microsoft today. at this stage people are speculating it's a horrible thing to do which cities are also on the brink. >> we hope the best for detroit. mandy drury, thank you so much. >>> moving to politics now. how about a king for president? republican congressman peter kin
gm is proud to call detroit a home. gm is doing its part. as for chrysler group says it believes in the city of detroit and its people and they will continue to invest in the city and the residents there. and they are committed to playing a role in the revitalization. like gm, chrysler went through bankruptcy reorganization in 2009. and then there is ford which says they believe a strong detroit is critical for a strong michigan and our industry. the city has a difficult job ahead but they are...
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Jul 27, 2013
07/13
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FBC
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ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they cl any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government is anything like detroit, america is in big trouble. that's our show. see you next week.d the willis report is next. >> could evening. i am rory rthman. tonight what was the big lesson investors learned after the fed took down its steve cohen oneeof the biggest man on wall street? the only way to make money in the market is tucci? also billions of doolars disappearing every year and nearly all of us are snagged with the unnecessary charges how do you deal with embarrassing many questions with close family members? we have some answers and more coming
ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they cl any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government...
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Jul 25, 2013
07/13
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FBC
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many not nearly of what gm took the results and the focus is amazing 3,000 new people which most are white collar workers there watching huge ears -- growth in have the market share that is unheard of to have to give them kudos. >> unfortunately a lot of those are not american citizens because they need the expertise in engineering and mathematics talk about the president earlier he talked about education but he still opposes the efforts to modernize the school system to get the union now. i know that is another story charles: but let me just ask , the thing with ford and general motors or government voters to think they were hampered because they took marching orders from the white house? >> officially they have denied it the with the twinkling can then lead to the edge we know about those electric projects llord you would agree? >> absolutely they've got all their money in one basket with the chevy volta we have discussed this multiple times in the past. i was against "cash for clunkers" but it seems they take on everything whenever the government told them to do with the ned geome
many not nearly of what gm took the results and the focus is amazing 3,000 new people which most are white collar workers there watching huge ears -- growth in have the market share that is unheard of to have to give them kudos. >> unfortunately a lot of those are not american citizens because they need the expertise in engineering and mathematics talk about the president earlier he talked about education but he still opposes the efforts to modernize the school system to get the union...
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Jul 15, 2013
07/13
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the south it in total almost two years so what you see from paying this man is very similar site the gm already settled on the methodology to do that but the things that he chose carefully to include in the photographs had their own spiritual power to them and by selecting the images carefully they transcended the subjects to a higher level of significance. >> tell us of the technology of the time. what about the camera? >> at that point there were two kinds of cameras a p&o camera in deviate negative is the aid by 10-inch which was a real machine. it was within it was made in chicago i used to myself so they are warm and friendly actually a mechanical device in people were drawn to it and not try and buy it but larger and cumbersome and slow. as it turns out as a child he collected postcards. there has been some scuttlebutt how much influence he had from photographs of places that other people had taken that he studied all of his childhood we don't know how bad to detracts from his reputation but he had an affinity of a graphical element rupee and the object that was of the culture a a
the south it in total almost two years so what you see from paying this man is very similar site the gm already settled on the methodology to do that but the things that he chose carefully to include in the photographs had their own spiritual power to them and by selecting the images carefully they transcended the subjects to a higher level of significance. >> tell us of the technology of the time. what about the camera? >> at that point there were two kinds of cameras a p&o...
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Jul 26, 2013
07/13
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ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government is anything like detroit, america is in big trouble. that's our show. that's our show. see you next week.d hello, i'm dave gentry. welcome to "small stocks and big money." [intro music] [intro music] [intro music] [intro music] [intro music] [dave gentry] you know, every day, our analysts are on the hunt for small stockshat can provide big returns for patient investors,nvestors who also have an appetite for risk. smaller-cap stocks are the riskiest asset class, and th're also
ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government...
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Jul 3, 2013
07/13
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the makers of gm and ford. new vehicles accelerated to the fastest in 67 months. one company that is involved in bosch.to industry is was internships in germany. >> these are programs with think are vital. if you look at how germany is set up with their dual education system we get to go through the standardized schooling and you have a -- to apply with the company, you get a specialized training for not only the manufacturing but other areas. we see that to be beneficial in germany where the unemployment rate has dropped significantly due to this. bring these types of programs into south and north carolina. >> vester may have a lower unemployment rate among young people, lower than our rate in the united states? >> yes they do. that due to this dual education approach? >> i believe it is. >> that is something we should analyze in this country moving forward. >> on the issue of training for jobs in the local communities, here is what the head of xerox had to say. >> if there's a problem and education, businesses engaged locally with educational institutions and tr
the makers of gm and ford. new vehicles accelerated to the fastest in 67 months. one company that is involved in bosch.to industry is was internships in germany. >> these are programs with think are vital. if you look at how germany is set up with their dual education system we get to go through the standardized schooling and you have a -- to apply with the company, you get a specialized training for not only the manufacturing but other areas. we see that to be beneficial in germany where...
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Jul 10, 2013
07/13
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350 pick up and the cadillac escalate had been for several years and it is now 6th, the rest are all gm trucks an suv. sal? >>> good morning once again we are looking at 280 northbound and coming up to the valley and we are getting more crowded conditions and it is not crowded for slow conditions and that traffic is moving nicely to the head of the bottom of the hill and there is not a lot coming up and we will start again looking at the east bay commutes which are crowded let's go back to the desk. >>> coming up next on the 6:00 hour, another incident at fso and another reports getting off the plane late last night. >>> claudine wong just spoke to the head of the ntsb. . >> well, sunshine for some already, there is a bigger fog bank and we will have those forecasted highs coming right up. cool ranch and mmm...bacon. you gotta try it today! subway. eat fresh. i love avocado so much i started a facebook page. oh, you should post a picture of my new earrings. those would go perfectly with this sweater i'm knitting. [ male announcer ] show your avocado love! try it on the turkey & spinach
350 pick up and the cadillac escalate had been for several years and it is now 6th, the rest are all gm trucks an suv. sal? >>> good morning once again we are looking at 280 northbound and coming up to the valley and we are getting more crowded conditions and it is not crowded for slow conditions and that traffic is moving nicely to the head of the bottom of the hill and there is not a lot coming up and we will start again looking at the east bay commutes which are crowded let's go...
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Jul 8, 2013
07/13
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but management is trying to get it together for the caps, so you have to wonder what kind of land the gm is following. i know they are talking about michael going to the coyotes, but i don't know. before it started we in january, february, knew then based on what they were looking for it was probably not going to happen. >> the best story of the weekend was eating the number one tennis layer in the world to become the number 12 when the british open in 20 years. a incredible scenes and ironically, still ranked number two. finally, a former nfl linebacker, and their green, is suing the washington redskins for a cheap shot he said resulted in a career ending knee injury. he played back in the early 2000 says as he believes the redskins had a bounty on him. that suit has now been filed. >> we have a situation breaking this our -- we have been following the seven-year-old missing autistic boys grade police have made a discovery but are not characterizing what they have found yet. we will the latest for you at 11:00. >> and we have the latest for the weather. >> it is going to get hot for a c
but management is trying to get it together for the caps, so you have to wonder what kind of land the gm is following. i know they are talking about michael going to the coyotes, but i don't know. before it started we in january, february, knew then based on what they were looking for it was probably not going to happen. >> the best story of the weekend was eating the number one tennis layer in the world to become the number 12 when the british open in 20 years. a incredible scenes and...
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Jul 26, 2013
07/13
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ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government is anything like detroit, america is in big trouble. that's our show. see you next week.d a great ime. have a fantastic night. ♪ neil: good evening, everybody. thank you for being with us. president obama, again today, appearing to meander around the country without purpose or noticeable result. the national media, including us here find is convenient to call the sudden lurch from scandals and busted foreig policy to speeches about jobs and the economy is pivot, but it's not clear whether pivot is the correct description. it appars president obam
ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government...
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Jul 16, 2013
07/13
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gm and ford, you can see both had down arrows. so that is one thing that is worth noting. gm was the one eventually hit an annual high. the other thing is tesla which is down about 13%. they cut their numbers. this of the targets for a little too high and the pull them back. you know, a hundred and 11 are so give or take. it is interesting to watch the group overall. i would not mind if it were a tiny bit warmer. liz: that is very european. they don't like air-conditioning. i love it. california. we want to be winter freeze. see later. you would think that sense goldman came out with a bang attorneys this morning that that would be the focus. but for many it is a little bit of a sideshow compared to the trial of former goldman presidents. that trial in its second day. here is what makes it relatively interesting aside from the fact that it is goldman. taking the stand in his own defense. regulators have accused him of misleading investors by setting of the trade that arguably helped when customer but then heard a bunch of others and cost a second group more than 1 billion.
gm and ford, you can see both had down arrows. so that is one thing that is worth noting. gm was the one eventually hit an annual high. the other thing is tesla which is down about 13%. they cut their numbers. this of the targets for a little too high and the pull them back. you know, a hundred and 11 are so give or take. it is interesting to watch the group overall. i would not mind if it were a tiny bit warmer. liz: that is very european. they don't like air-conditioning. i love it....
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Jul 29, 2013
07/13
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FOXNEWSW
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ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government is anything like detroit, america is in big trouble. that's our show. see you next week.d >>> i'm chris wallace. the president tries to change the subject back to the economy. >> an endless parade of distractions and political posturing and phony scandals can't get in the way of what we need to do. >> that's assuming there is any sizzle left after you've reheated this so many times. >> we'll talk with jack lew about the president's plan to help the middle class. and we'll discuss the budget battles ahead with republican senator mike lee. >>> plus a
ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector will make our decisions like that all the time. people eat to the people usually don't even hear about it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond, officials won't even sell a few paintings or let someone else manage one part or cut their four persons-. it's the rest of america's government...
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Jul 28, 2013
07/13
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ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector willake our decisions like that allhe time. people eat to the people usually don't even hear aut it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond officials won't even sell a few paintings or let someone else manage one part or cut their fo persons-. it's the rest of america's government is anything like detroit, america is in big trouble. that's our show. see you next week.d ♪ >> tom: trying the same thing over and over and getting the same lousy results. why is the president once again going around the country proposing the same exact ideas about the ecomy he has proposed over and over the last five years? we're talking why are there why are there nau no new ideas right herere right now. >> tom: thanks for joining us. here at the top of the stack. yes, the economy has been growing t at such a stagnt pace most surys show people are disco
ibm and gm laid off 100,000 when expenses got too hot. people were upset that the country to five companies had to do to survive. in the private sector willake our decisions like that allhe time. people eat to the people usually don't even hear aut it. in government they call any cut a crisis. even in detroit where you call 911 and no one respond officials won't even sell a few paintings or let someone else manage one part or cut their fo persons-. it's the rest of america's government is...
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Jul 19, 2013
07/13
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gm and chrysler were on the verge of collapse. we refused to throw in the towel and do nothing, we refused to let detroit go bankrupt. i bet on american workers and ingenuity and that bet is paying off in a big way. >> david gregory, that was lasty actually. >> yeah remember the bumper sticker for the campaign, if i have it right, osama bin laden is dead and gm is alive or something to that effect and it goes to show you, as we've looked over past two administrations who look at the auto companies, that their health or lack of health, is not enough to impact what's happening in the city. i think steve ratner talked about it earlier. the city where my mother was born, detroit, has still experienced a stunning flight from the city of people living in the city and what's left behind, blighted neighborhoods, a housing crisis that has an incredible impact, loss of jobs and city government unable to get out from underneath that. we look at whether it's in places like vallejo, california where states going through so much debt and pensio
gm and chrysler were on the verge of collapse. we refused to throw in the towel and do nothing, we refused to let detroit go bankrupt. i bet on american workers and ingenuity and that bet is paying off in a big way. >> david gregory, that was lasty actually. >> yeah remember the bumper sticker for the campaign, if i have it right, osama bin laden is dead and gm is alive or something to that effect and it goes to show you, as we've looked over past two administrations who look at the...
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Jul 18, 2013
07/13
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we know what happened to the gm secured bondholders. they lost a lot of what they had. >> some of these are secured around some are unsecured. those pension funds -- david: as gm found out they are not necessarily secure. >> exactly. exactly. >> jeff flock, thank you. the municipal bond issue we'll get on that as soon as the story fleshes out. >>> what do cities do to prepare when things like emergency attacks? they stage things to make sure police and firefighters and emergency crews participate in drills and make sure they're prepared but rarely do you hear about big corporations doing these kind of drills, especially in an effort to prepare against big hacking attacks. david: today, dozens of major banks and corporations did exactly that. rich edson is here with details. go ahead, rich. >> quantum dawn ii, david and liz. it sounds like a videogame and in some way ls it is. it is assimilated cyberattack against the vulnerable financial sector, jpmorgan chase, sec, treasury, department of homeland security. it wrap ad short while ago.
we know what happened to the gm secured bondholders. they lost a lot of what they had. >> some of these are secured around some are unsecured. those pension funds -- david: as gm found out they are not necessarily secure. >> exactly. exactly. >> jeff flock, thank you. the municipal bond issue we'll get on that as soon as the story fleshes out. >>> what do cities do to prepare when things like emergency attacks? they stage things to make sure police and firefighters...
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union leaders claim in past sessions the gm was at the table but so far, she has in the been here at the building we'll be here and will have more for you tonight at 6:00. in oakland abc 7 news. >> thank you, laura. the strike could make people shy away from coming into the city tonight. let's check in with abc 7 news reporter john alston in the thick of the festivities. john? >> if traffic like soup during 4:00 news it's like jello now. you can see it's thickening along the embarcadero and mission street. there are people getting on the bus to get out of town. he's parking lots along embark tarot started filling up this morning between events and new exploratorium as well as fire works show. this afternoon one lot jacked up to $70. sinbad, the restaurant next to the ferry building has seen customers showing up earlier to avoid traffic headaches. >> people are getting here earlyer because they're worried about getting here. but losing people that come in through bart. >> muni running trains and shuttles but treating this as a normal 4th of july despite the strike with no bart muni is
union leaders claim in past sessions the gm was at the table but so far, she has in the been here at the building we'll be here and will have more for you tonight at 6:00. in oakland abc 7 news. >> thank you, laura. the strike could make people shy away from coming into the city tonight. let's check in with abc 7 news reporter john alston in the thick of the festivities. john? >> if traffic like soup during 4:00 news it's like jello now. you can see it's thickening along the...
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Jul 25, 2013
07/13
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KCSM
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ford, gm, chrysler are efficient. efficiency in scale, the small, vibrant, entrepreneurial spirit is dying because they cannot -- >> the new upstarts, who will be the big layers of tomorrow, or elsewhere. -- the big big players of tomorrow, or elsewhere. >> and industry needs innovation. when it is mature and you have too many large big players invading his space. -- invading the space. electric car innovation, the big three have not been able to compete as well as tesla, which is a small start up company. it is interesting, in the u.s. press, there was a debate. whether silicon valley could experience the same fate as detroit. >> california is the most indebted state in the u.s. >> california managed to pull itself out of its debt problems. >> it is interesting the way they did it. they convince the voters to say yes to raising taxes. >> the solution is always, it is the same recipe. you increase taxes, etc. the biggest impact in terms of capping innovation. >> which is the next debt bomb, the next subprime policy --
ford, gm, chrysler are efficient. efficiency in scale, the small, vibrant, entrepreneurial spirit is dying because they cannot -- >> the new upstarts, who will be the big layers of tomorrow, or elsewhere. -- the big big players of tomorrow, or elsewhere. >> and industry needs innovation. when it is mature and you have too many large big players invading his space. -- invading the space. electric car innovation, the big three have not been able to compete as well as tesla, which is a...
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Jul 28, 2013
07/13
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and $0.19. 400,000 gm workers walked off and they got what they wanted. huge wage hike. that single event sealed the event of the motor city. over the next four decades the jobs fled to nonunion state and detroit's population imploded and the once vibrant economy is 18 billion in the hole and un. the sits at mind- blowing 16.9 percent. detroit is bankrupt and largest to go bankrupt in our history. that is what happens. >> sad story indeed and we are here to start solution. how can broke, broke detroit fix their mess and many other cities on the verge in america? >> they need to start by liquidating the public sector pengdzs. progressive policies as you point out 18 billion in liabilities. there needs two phases. liquidation phase and parasites and they suck it dry. it is dead. we need to liquidate the liabilities and privateitize the city. whether it is the art election or land itself it can thrive. >> i love that second one especially. detroit was built, the infrastructure for a 2 million population that was the peak in the 60s or so and now 700,000 people living there.
and $0.19. 400,000 gm workers walked off and they got what they wanted. huge wage hike. that single event sealed the event of the motor city. over the next four decades the jobs fled to nonunion state and detroit's population imploded and the once vibrant economy is 18 billion in the hole and un. the sits at mind- blowing 16.9 percent. detroit is bankrupt and largest to go bankrupt in our history. that is what happens. >> sad story indeed and we are here to start solution. how can broke,...
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Jul 1, 2013
07/13
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and of course, the gm neil huntington, the pride of amherst college. they had a rain delay, looking for their first win over the brewers. two hours, it came out. and the magic continues for the pittsburgh pirates. russell martin drives it up the middle. no chance of getting gaby sanchez. pittsburgh takes it 2-1. the best team in the a.l., the red sox. jose bautista, they have closer problems in boston. he takes it yard off of uehara. top of the ninth, shane victorino. oops. a little boot at first base. jonathan diaz scores. the walkoff error. >>> and the month of puig came to an end with a bang in l.a. yasiel puig got a four-hit game to his resume. helps the dodgers beat up on the phils. .436 batting average. 7 home runs, 60 rbis, in 26 games. talk a little bit of soccer or in the global world of football. huge match-up in the confederation cup in rio. he gets one name because he's that good. spain had a chance later in the first half. but it was no dice. that's a great play by the defender. brazil would tack on a couple more, win 3-0. and a big win. f
and of course, the gm neil huntington, the pride of amherst college. they had a rain delay, looking for their first win over the brewers. two hours, it came out. and the magic continues for the pittsburgh pirates. russell martin drives it up the middle. no chance of getting gaby sanchez. pittsburgh takes it 2-1. the best team in the a.l., the red sox. jose bautista, they have closer problems in boston. he takes it yard off of uehara. top of the ninth, shane victorino. oops. a little boot at...